goodguy
Short

Is the US Dollar about to fall?

INDEX:DXY   U.S. Dollar Index
USD
111 3 5
usd
We have now developed a fairly large negative reversal in the daily RSI (dashed line) which usually leads to lower lows.My personal "view" of the current formation is that we are likely in an a-b-c down wave (see link below to previous post). Notice in this view b= .62 retraction of a. We are now possibly at .b which is a .5 retraction of .a.
i like your chart too, which is why i bother to make a nice comment
and you post only at critical cross road ^_^
cheers
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goodguy jangseohee
Jang. I like your charts and appreciate your encouragement. Thanks.
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